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191 Southridge Dr 1,387 SF of Retail Space Available in Okotoks, AB T1S 2N3
Highlights
- High visibility from busy Southridge Drive (Highway 2A)
- Close to a high school and recreation centre / arenas
- 18 kms from Calgary’s southern city limits
- Ample on-site parking
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 187 | 1,387 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 187
Centennial Village in Okotoks offers a prime retail leasing opportunity in one of the town’s most vibrant commercial corridors. Suite 187, a 1,387 SF space, is part of a dynamic shopping center anchored by national brands including Shoppers Drug Mart, ATB Financial, and Canada Diagnostic Centres. The property benefits from excellent visibility along Southridge Drive (Hwy 2A), with high traffic volumes and multiple access points including an all-turns intersection and two right-in/right-out entries.
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Suite 187, 3 walls of glass frontage.
- Unassigned surface parking included.
- Separately metered utilities.
- Located near TELUS, Smile Zone Dental, and Arby’s.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,387 SF | Gross Leasable Area | 10,694 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Restaurant | Parking Ratio | 2.34/1,000 SF |
| Total Space Available | 1,387 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 10,694 SF |
| Year Built | 1980 |
| Parking Ratio | 2.34/1,000 SF |
About the Property
Centennial Village is prominently located along Southridge Drive / Highway 2A in Okotoks. The shopping centre has a great tenant mix including ATB Financial, Co-op Gas, and Shoppers Drug Mart.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Accent Lighting
Nearby Major Retailers
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191 Southridge Dr
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